In 2023, the number of full-time equivalent researchers in the manufacture of textiles, wearing apparel, leather, and related products in China was 31.77 thousand. Forecasts indicate a steady upward trend from 2024 to 2028, with an increase from 32.36 thousand in 2024 to 34.71 thousand by 2028. This represents a compound annual growth rate (CAGR) of approximately 1.48% over the five-year period.
Year-on-year growth is expected to maintain a steady increment, with an average annual growth rate of roughly 1.5%. This consistent rise suggests a growing focus on innovation and development within the sector.
Future trends to watch for:
- Investments in technology and innovation to enhance production efficiency.
- Greater emphasis on sustainable and eco-friendly manufacturing practices.
- Potential impacts of trade policies and global economic conditions.